IMF Approves US$3.4bn Emergency Support for Nigeria to Address COVID-19 Pandemic

CoronavirusEconomyMoneyNigeriaIMF Approves US$3.4bn Emergency Support for Nigeria to Address COVID-19 Pandemic

PilotnewsApril 29, 2020

The Executive Board of International Monetary Fund (IMF) has approved US$3.4 billion in emergency financial assistance to support Nigeria in addressing the economic impact of COVID-19 shock and the sharp fall in oil prices. In a statement issued on Tuesday, the Fund said that the support, under the Rapid Financing Instrument, would help limit the decline in international reserves and provide financing to the budget. “The Executive Board of the International Monetary Fund (IMF) approved...

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COVID-19: Sokoto Records 3 Deaths – Tambuwal

CoronavirusNewsNigeriaCOVID-19: Sokoto Records 3 Deaths – Tambuwal

PilotnewsApril 29, 2020

Gov. Aminu Tambuwal of Sokoto state has announced the death of three COVID-19 patients in the state. Tambuwal disclosed this in a statement signed by his Special Adviser on Media and Public Affairs, Malam Muhammad Bello. The governor noted that all three victims had a history of other diseases such as diabetes, asthma, and high blood pressure. The News Agency of Nigeria (NAN) reports that the state’s Chairman of the Taskforce Committee on COVID-19, Dr....

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UPDATE: Nigeria Records 195 New COVID-19 Cases as Total Number of Infections now 1,532

CoronavirusNewsNigeriaUPDATE: Nigeria Records 195 New COVID-19 Cases as Total Number of Infections now 1,532

PilotnewsApril 29, 2020

The Nigeria Centre for Disease Control (NCDC) on Tuesday, confirmed 195 new cases of the coronavirus (COVID- 19) in the country. This brings the total number of infections in Nigeria to 1,532. The NCDC, in a tweet at about 11:50 p.m. on Tuesday, said that the 195 new infections recorded were, 80-Lagos, 38-Kano, 15-Ogun, 15-Bauchi, 11-Borno, 10-Gombe, 9-Sokoto, 5-Edo, 5-Jigawa, 2-Zamfara, and one each from Rivers, Enugu, Delta, FCT, and  Nasarawa States. According to the...

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COVID-19 LOCKDOWN –Sea Horse Lubricants Industries Donates N10 Million for Food to All Towns in Ekwusigo LGA.

CoronavirusNigeriaPhilanthropyCOVID-19 LOCKDOWN –Sea Horse Lubricants Industries Donates N10 Million for Food to All Towns in Ekwusigo LGA.

PilotnewsApril 29, 2020

Seahorse Lubricants Industries Ltd, a premium motor oil manufacturer donates ten million Naira (N10m) for food to all the towns in EKWUSIGO LGA. The company said that the palliative is a corporate social responsibility which will help to cushion the harsh effects of the nationwide lockdown occasioned by the coronavirus pandemic. A committee of eight was set up from all the towns in the LGA to manage the money. By consensus, the committee bought two...

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NewsThe Inspector-General of Police, IGP Mohammed Adamu, Orders the Posting of New Commissioners of Police to Adamawa, Imo, and Plateau States.

PilotnewsApril 28, 2020

This was made known in a statement by the Force Public Relations Officer, Force Headquarters, Abuja, DCP Frank Mba, on Tuesday. According to the statement, postings to states and formations are Adamawa State – CP Olugbenga Adeyanju, FDC; Imo State – CP Isaac Olutayo Akinmoyede, FDC; Plateau State – CP Edward Chuka Egbuka; and FCID, FHQ, Abuja – CP Audu Adamu Madaki. “While enjoining the citizens of the affected States to accord the CPs maximum...

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UEFA Releases €236.5m to Member Associations Amid Coronavirus Pandemic

SportsWorldUEFA Releases €236.5m to Member Associations Amid Coronavirus Pandemic

PilotnewsApril 28, 2020

UEFA has released 236.5 million euros (256 million dollars) to its 55 associations who are grappling with the financial impact of the COVID-19 pandemic, Europe’s soccer governing body said on Monday. UEFA said each association would receive 4.3 million euros from a fund earmarked for targeted areas of development but decided to allow each association to “set its own priorities” due to the new coronavirus outbreak. “It wants to help its members to respond in...

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COVID-19 Pandemic: forecasting future events

BusinessColumnsCoronavirusCOVID-19 Pandemic: forecasting future events

PilotnewsApril 28, 2020

Before social distancing became a trend, we were all planning our social calendars for the Spring and Summer seasons. Over the past two months, major conferences, concerts, festivals, and weddings have been canceled or postponed. Attending the Offshore Technology Conference was the norm and personally, I have always anticipated attending the notable CERAWeek to hear the new trends in energy and discuss the future scope of oil and gas from top leaders in the industry....

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Reflections on God’s New Creation Gambit

ColumnsLifestyleReflections on God’s New Creation Gambit

PilotnewsApril 28, 2020

And what if you get a  golden chance to pick a country you would rather be born into… This could arguably be the most eagerly awaited question most would have had no problem answering, if God had asked them to pick any one of the countries in the cold temperate regions, or one in the tropics they would rather be born into. He would allow you to see the properties…as in the color schemes, boots,...

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COVID-19: Buhari approves gradual easing of lockdown in FCT, Lagos, Ogun from May 4

CoronavirusNewsNigeriaCOVID-19: Buhari approves gradual easing of lockdown in FCT, Lagos, Ogun from May 4

PilotnewsApril 27, 2020

President Muhammadu Buhari on Monday approved a phased and gradual easing of lockdown measures in FCT, Lagos and Ogun States effective from May 4, to safeguard the economy. The president, in a nationwide broadcast in Abuja, however, said that the current lockdown would remain in place until these new ones come into effect on May 4. Buhari also announced an overnight curfew from 8 p.m to 6 a.m, saying that all movements would be prohibited...

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Contributions to UN COVID-19 Plans hit $1bn — Deputy Chief

NewsNigeriaWorld NewsContributions to UN COVID-19 Plans hit $1bn — Deputy Chief

PilotnewsApril 27, 2020

The United Nations (UN) Deputy Secretary-General, Ms. Amina Mohammed, on Monday said over one billion dollars (N376 billion) has so far been realised from contributions to the organisation’s Coronavirus (COVID-19) response plans. Mohammed disclosed this during a virtual new conference from New York on the launch of two initiatives in support of the UN COVID-19 response efforts. “As with all things, fundraising has become quite a challenge. “In as much as we expect to have...

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